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1994-03 Downtown RedevelopmentRESOLUTION NO. 94-3 A RESOLUTION OF THE CITY OF OKEECHOBEE, FLORIDA DECLARING ITSELF AS THE DOWNTOWN REDEVELOPMENT AGENCY TO CARRY OUT • THE COMMUNITY REDEVELOPMENT PURPOSES OF CHAPTER 163, PART III, FLORIDA STATUTES IN DOWNTOWN OKEECHOBEE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Okeechobee, Florida has by Resolution No. 94-1 declared a portion of downtown Okeechobee as an area suitable for redevelopment and finding the need for rehabilitation, conservation or redevelopment of such area, and WHEREAS, by Resolution No. 94-2 the City Council of the City of Okeechobee had declared the need for a Community Redevelopment Agency to carry out the community redevelopment purposes of Chapter 163, Part III, Florida Statutes. WHEREAS, the City Council of Okeechobee, Florida deems it appropriate to exercise its authority under Chapter 163.357 and declare itself to be the agency, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OKEECHOBEE, FLORIDA: 1. That the City Council of the City of Okeechobee, Florida be and the same is hereby declared as the Downtown Redevelopment Agency for the City of Okeechobee, Florida. 2. The Downtown Redevelopment Agency shall have all the rights, powers, duties, privileges and ammunites granted by Chapter 163, Part III, Florida Statutes subject to all responsibilities and liabilities imposed thereby. 3. The Downtown Redevelopment Agency shall carry out the community redevelopment purposes authorized by Chapter 163, Part III, Florida Statutes. 4. This resolutions shall become effective immediately upon its passage. Dated this 4th day of January 1994. a' C Y OF OKEECHOBEE q ames E. Kirk, Mayor ATTEST: Bonnie S. Thomas, CMC, City Clerk